BTCC
/
BTCC Square
/
Coindesk
/
SHIB Tanks 7.4% in Seven Days—But Crypto Degens Still See Moon Potential
SHIB Tanks 7.4% in Seven Days—But Crypto Degens Still See Moon Potential
11
3
Another week, another meme coin bloodbath. SHIB holders watched $1.2B evaporate as the token nosedived—yet true believers cling to hopium like Wall Street clings to outdated valuation models.
Market pulse: Despite the plunge, trading volume spiked 18%. Either bagholders are averaging down, or someone’s gambling on a dead cat bounce.
Reality check: When ’cautious optimism’ means celebrating only single-digit losses, maybe reconsider your asset allocation. Just saying.
By:
Previous
Berkshire Hathaway Still Calls Bitcoin ’Rat Poison’—Even Without Buffett’s Bite
Next
House Democrat Power Play Halts Crypto Regulation Hearing—Market Left in Limbo
